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Soltoro Intercepts 65.6 Metres of 120 gpt Silver at the El Rayo Project

Soltoro Ltd. (SOL.V) has received results for an additional six diamond drill holes at the El Rayo primary silver deposit in Jalisco, Mexico. It said the east-west-trending Soledad structure represents a new and significant mineralised zone unknown at the time of the recently released NI 43-101 measured and indicated resource of 58.3M ounces of contained silver. To date, the Soledad structure, which contains high-grade ore shoots, has been outlined by 15 drill holes over a strike length of 500 metres. Currently two diamond drills are testing the extent of the mineralization at Soledad, which remains open along strike in both directions as well as at depth.

Andrew Thomson, President and C.E.O. of Soltoro Ltd., said: "At Soledad, previously released drill results have been limited to single holes on each section with select high-grade silver intersections returning 30 to 65 metre widths averaging between 100 to 300 g/t silver. Step-out drilling is underway to establish the third dimension to define a resource at Soledad. The current drill program is designed to test high-grade silver ore shoots at Soledad which were not included in the 58.3 M ounce silver resource defined at Las Bolas and the Highway Zone."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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